10 FACTS ABOUT NNEWI THE NIGERIAN VILLAGE WITH THE MOST BILLIONAIRES.
A first timer to Nnewi will indeed be intimidated by the massive residential mansions that line the wee little village. Nnewi is a town located in Anambra state; south eastern Nigeria. Currently it encompasses Nnewi North and Nnewi South local government areas. In this two local government areas include four autonomous quarters which include Otolo, Uruagu, Umudim and Nnewichi. However, Factboyz.com has come up with facts about the Nigerian village with the highest number of billionaires(in dollars)
1. The First Indigenous Car Manufacturing Plant: The first Car manufacturing plant owned and managed by a Nigerian is located in Nnewi. Innoson vehicles whose owner is billionaire Innocent Chukwuma are manufactured in this plant. He also oversees the other plant in nearby Enugu. You guessed right, Innocent Chukwuma is from Nnewi!
2. The First Nigerian Billionaire: It is alleged that the country’s first billionaire is Louis Odumegwu Ojukwu. He doubles as the father of the late Biafran leader Odumegwu Ojukwu. Louis Ojukwu was profiled by TIME magazine in 1965. He made his money by importing dried fish for resale and diversifying into textiles, cement production and transport. In today’s economic value it is about 4 billion dollars.
3. Sacred Pythons: It is forbidden to kill pythons or “eke” in igbo language. This is due to the fact that these pythons are totems to the goddess. If you kill these pythons, you are required to perform sacrifices to appease the gods of the land
4. Majority are Christians: The majority of people who dwell in Nnewi are Christians. One major sight predominant in Nnewi is gigantic cathedrals of the Roman Catholic and Anglican churches. Amidst the numerous traditions they keep; a good number go to church.
5. Good Road Network: What else can anyone expect? Due to its reputation, it is no doubt that the town is well connected with good road network. The administration of former governor Peter Obi also made this feasible.
6. Economy: As a fast developing city and a major industrial and commercial hub in Africa, Nnewi experiences hectic financial activities, therefore major banks, and other financial institutions are located there. Industries are dotted around the city and adjoining towns. Palm oil, cosmetics, motor, and motorcycle spare parts, books, and stationery, textiles, electric cables, and so on are produced in commercial quantity in the area. Its main trading centers include Nkwo Nnewi market (the largest spare parts market in west Africa) and Nwafor market, Eke Amaobi market, Eke Ochie, Eke Ichi Market, Orie otube Market, etc.